KingCobraFX

EURGBP Short-Retest Breakout

Short
FX_IDC:EURGBP   Euro / British Pound
1
9/15/2016
Currency Pair: EURAUD
Entry: Buy order @ 0.8490
SL:60
TP: 420

Analysis
M:
-High test
-MACD divergence
-Rsi overbought

W:
X underbought

D:
-High test-
-breakout and retest of trendline line
-overbought
-50%R retracement

4h:
-4h rising wedge pattern

1h:
-head and shoulders reversal pattern
-macd divergence
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.